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Point Mckay Gardens Northwest Calgary 4 Multifamily Properties Offered at $3,200,000 CAD in Calgary, AB
Investment Highlights
- Located in the desirable Point McKay neighborhood, offering quick access to the Bow River pathway system for walking, biking, and outdoor recreation.
- Surrounded by abundant amenities, including nearby retail, dining, and grocery options, with Safeway and major shopping centers within a short drive.
- Minutes from downtown Calgary, Foothills Medical Centre, and the University of Calgary, providing connectivity for professionals and students.
- Positioned in a well-established residential community with strong rental demand.
Executive Summary
Inner City Riverfront Comunity located on Private Property Cul-de-Sac. Cap Rate is calculated on gross rental potentialof $3550 per month per unit. Water and Sewer utilities are included in the Common Area Fess. Property Taxes for all 4 Townhomes: $1271/month. All new GEM recycled rubber shingles installed summer 2021.
Op Costs for all 4 Townhomes: $2608/month (includes all maintenance, reserve fund, property insurance, water and sewer)
Each Townhome has 3 bedrooms, 2.5 baths, heated attached garage, balcony and/or fenced private backyard.
Option to be sold as individual Townhomes with variable pricing starting at $ 799,000, 1-4 Townhome grouping or as a corporation owning 100% of all 4 Townhomes
Op Costs for all 4 Townhomes: $2608/month (includes all maintenance, reserve fund, property insurance, water and sewer)
Each Townhome has 3 bedrooms, 2.5 baths, heated attached garage, balcony and/or fenced private backyard.
Option to be sold as individual Townhomes with variable pricing starting at $ 799,000, 1-4 Townhome grouping or as a corporation owning 100% of all 4 Townhomes
Property Facts
| Price | $3,200,000 CAD | Status | Active |
| Price / SF | $470.59 CAD / SF | Number of Properties | 4 |
| Sale Conditions | Individually For Sale | 0 | |
| Cap Rate | 3.90% | Total Building Size | 6,800 SF |
| Sale Type | Investment |
| Price | $3,200,000 CAD |
| Price / SF | $470.59 CAD / SF |
| Sale Conditions | |
| Cap Rate | 3.90% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 6,800 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 309 Point Mckay Gardens NW, Calgary, AB T3B 5C1 | Multifamily | 1,700 SF | - | - |
| 369 Point Mckay Gardens NW, Calgary, AB T3B 5C1 | Multifamily | 1,700 SF | - | - |
| 398 Point McKay Gardens NW, Calgary, AB T3B 4V8 | Multifamily | 1,700 SF | - | - |
| 403 Point McKay Gardens NW, Calgary, AB T3B 5C1 | Multifamily | 1,700 SF | - | - |
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524179 Alberta Ltd
Point Mckay Gardens Northwest Calgary
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